A list of all account names used to record transactions of a company is referred to as a T-account.This is referred to as a chart of accounts.
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Q11: Amounts owed from customers are recorded in
Q12: Receiving cash in advance from a customer
Q13: Providing services to customers on account causes
Q14: Selling common stock for cash causes assets
Q15: Paying for one year of rent in
Q17: Providing services to customers for cash causes
Q18: Paying dividends to its stockholders causes a
Q19: Purchasing equipment using cash causes assets to
Q20: If a transaction causes total assets of
Q21: A credit to an account balance always
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